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Small Business - A small business
concern for the purpose of Government Procurement is a concern, including
its affiliates, which is independently owned and operated, is nor dominant
in the field of operation in which it is completing for Government contracts,
and can further quality under the criteria concerning number of employees,
average annual receipts, or the other criteria as prescribed by the SBA.
( See Code of Federal Regulation, Title 13, part 121, as amended, which
contains detailed industry definitions and related procedures.)
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Affiliates - Business concerns are
affiliates of each other when either directly or indirectly (i) one concern
controls or has the power to control the other, or (ii) a third party controls
or has the power to control both. In determining whether concerns are independently
owned management, and contractual relationship. (See items 8 and 11A.)
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Number of employees - In connection
with the determination of small business status, "number of employees"
means the average employment of any concern, including the employees o its
domestic and foreign affiliates, based on the number of persons employed
on a full-time, part-time, temporary or other basis during each of the pay
periods of the preceding 12 months. If a concern has not been in existence
for 12 months, "number of employees" means the average employment
of such concern and its affiliates during the period that such concern has
been in existence based on the number of persons employed during each of
the pay periods of the period that such concern has been in business.
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Disadvantaged Business Concern - means
any business concern (1) which is at least 51 percent owned by one or more
socially and economically disadvantaged individuals; and (2) whose management
and daily business operations are controlled by one or more of such individuals.
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Women-owned business- means a business
that is at least 51 percent owned by a woman or women who are U.S. citizens
and who also control and operate the business.
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8(a) - You must be certified by the
SBA to be considered an 8(a) company.